Assets

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Assets

3.Prepaid and other current assets

Prepaid and other current assets consist of the following:

	June 30,		December 31,
	2024		2023
Prepaid directors and officers insurance current policies	$	489,093	$	1,222,734
Prepaid directors and officers insurance run-off policies		572,362		638,404
Other prepaid expenses		34,484		56,128
Other receivables		—		75,192
Prepaid and other current assets	$	1,095,939	$	1,992,458

3. Assets

Prepaid and other current assets

Prepaid and other current assets consist of the following:

	December 31,
	2023		2022
Prepaid expenses	$	1,917,266	$	2,317,925
Other receivables		75,192		244,976
Prepaid and other current assets	$	1,992,458	$	2,562,901

Property and Equipment

Property and equipment consist of the following:

	December 31,
	2023			2022
Lab equipment	$	682,209		$	682,209
Leasehold improvements		41,578			41,578
Computer and office equipment		25,380			120,774
Computer software		3,725			3,725
Gross property and equipment	$	752,892		$	848,286
Less: accumulated depreciation		(599,784	)		(471,638	)
Net property and equipment	$	153,108		$	376,648

Depreciation expense was $144,045 and $151,873 for the years ended December 31, 2023 and 2022, respectively.